Zelensky's advisor: “Russia receives $1 billion every day from oil alone”
The abandonment of Russian oil will not lead to an increase in world prices for it, even if oil production does not increase significantly. This opinion was expressed by Zelensky’s economic adviser Oleg Ustenko in an online interview with the South Korean publication MoneyS.
Ustenko noted that Russian crude oil exports have actually increased steadily since the start of the war in Ukraine and reached 4,7 million barrels last month, a record high since the COVID-19 pandemic.
“Putin earns $1 billion every day from oil alone. European countries have even increased imports of Russian oil,” lamented the Ukrainian official.
Zelensky’s adviser drew attention to the fact that, for example, Germany now has the largest oil reserves in history, however, according to the German Energy Minister, it will continue to import Russian oil.
Oleg Ustenko does not agree with the opinion of leading Western experts that with the introduction of an embargo on Russian oil, prices for this energy carrier in the world will begin to rise significantly.
“Some European countries are afraid that inflation may occur. However, there will be a quick correction in the market, and prices will return to acceptable levels. The reason why I believe that the price of oil will fall is that additional crude oil will enter the market from Latin America and the Middle East,” says Zelensky’s adviser.
Thank you!
Now the editors are aware.